{"id":76379,"date":"2024-09-19T13:00:17","date_gmt":"2024-09-19T13:00:17","guid":{"rendered":"http:\/\/guid_108036411"},"modified":"2024-09-19T13:00:17","modified_gmt":"2024-09-19T13:00:17","slug":"stocks-making-the-biggest-moves-premarket-darden-restaurants-nvidia-doordash-coursera-and-more","status":"publish","type":"post","link":"https:\/\/wp.timesamerica.net\/stocks-making-the-biggest-moves-premarket-darden-restaurants-nvidia-doordash-coursera-and-more\/","title":{"rendered":"Stocks making the biggest moves premarket: Darden Restaurants, Nvidia, DoorDash, Coursera and more"},"content":{"rendered":"\n<div><img decoding=\"async\" src=\"https:\/\/wp.timesamerica.net\/wp-content\/uploads\/2024\/09\/stocks-making-the-biggest-moves-premarket-darden-restaurants-nvidia-doordash-coursera-and-more.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p><span hidden aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines before the bell. Darden Restaurants \u2014 Shares advanced nearly 11% after the restaurant operator announced a multiyear partnership with Uber for on-demand delivery later this year. The company reported weaker-than-expected quarterly earnings and revenue, however, as its sales weakened at Olive Garden and its fine dining restaurants. NextEra Energy Partners \u2014 Shares gained 2.6% after Jefferies initiated coverage of NextEra Energy with a buy rating, saying concerns around $3.75 billion in buyouts that the energy company has to handle are already priced into the stock. DoorDash \u2014 The food delivery stock rose more than 3% after an upgrade to buy from neutral at BTIG. The investment firm said that growth still looks strong in the third quarter despite concerns about a weakening consumer. Nvidia , ASML , Arm Holdings , Micron \u2014 Several high-flying semiconductor companies rallied in premarket trading as the market digested the Federal Reserve&#8217;s decision to cut rates. Shares of AI darling Nvidia added 3.1%, while chipmakers ASML and Arm Holdings jumped 4.8% and 4%, respectively. Memory and storage solutions provider Micron Technology edged 2.5% higher. Five Below \u2014 Shares slipped 1.6% following a downgrade by JPMorgan to underweight from neutral. The bank pointed to the sales decline for a basket of products over the last several quarters and said it sees potential headwinds to 2025 due to labor costs. Coursera \u2014 The online education platform jumped 6.1% following Bank of America&#8217;s initiation at a buy rating . The bank said Coursera should see margins continuing to grow and revenue reaccelerating. Lennar \u2014 Shares of the homebuilder gained 3.5% ahead of its third-quarter earnings expected after market close. Analysts polled by FactSet are calling for earnings of $3.64 a share on revenue of $9.13 billion for the period, and for its deliveries to be 20,819 for the quarter, which is closer to the higher range of its guidance. Alibaba \u2013 Shares rose more than 4% after the Chinese e-commerce company launched&nbsp;more than 100 open-source artificial intelligence models and a text-to-video tool. Alibaba also said it upgraded its proprietary flagship model known as Qwen-Max. FedEx \u2014 Shares rose more than 1% ahead of the shipping giant&#8217;s first-quarter earnings report due after the bell. Analysts surveyed by FactSet called for earnings of $4.81 per share on revenues of $21.90 billion for the period. Crypto stocks \u2013 Stocks tied to the price of bitcoin climbed as the cryptocurrency gained more than 3% in a delayed reaction to the Fed rate cut Wednesday. Exchange operator Coinbase rose 4%, while bitcoin proxy MicroStrategy advanced 5%. \u2014 CNBC&#8217;s Sean Conlon, Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Sarah Min and Michelle Fox Theobald contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines before the bell. Darden Restaurants \u2014 Shares advanced nearly 11% after the restaurant operator announced a multiyear partnership with Uber for on-demand delivery later this year. The company reported weaker-than-expected quarterly earnings and revenue, however, as its sales weakened at Olive Garden and its fine dining restaurants. NextEra Energy &hellip;<\/p>\n","protected":false},"author":1,"featured_media":76380,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-76379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bussiness","has-thumb","has-featured"],"_links":{"self":[{"href":"https:\/\/wp.timesamerica.net\/wp-json\/wp\/v2\/posts\/76379"}],"collection":[{"href":"https:\/\/wp.timesamerica.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.timesamerica.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.timesamerica.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.timesamerica.net\/wp-json\/wp\/v2\/comments?post=76379"}],"version-history":[{"count":0,"href":"https:\/\/wp.timesamerica.net\/wp-json\/wp\/v2\/posts\/76379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.timesamerica.net\/wp-json\/wp\/v2\/media\/76380"}],"wp:attachment":[{"href":"https:\/\/wp.timesamerica.net\/wp-json\/wp\/v2\/media?parent=76379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.timesamerica.net\/wp-json\/wp\/v2\/categories?post=76379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.timesamerica.net\/wp-json\/wp\/v2\/tags?post=76379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}